GRSE share price target 2025 is arround RS 3496. Garden Reach Shipbuilders & Engineers (GRSE) is among the most prominent shipbuilding firms in India that is renowned for its vessels and warships to the Indian Navy. The company was established in 1884. GRSE has evolved to become an important player in the shipbuilding and defense business. In this article we’ll discuss the likely target prices for shares at GRSE in 2024- 2030. We’ll add a thorough analysis of the performance of the company as well as market trends as well as growth prospects.
CONTENTS AVAILABLE AT THIS PAGE
- 1 Garden Reach Shipbuilders & Engineers Ltd (GRSE) Quick Info.
- 2 About GRSE Ltd
- 3 GRSE Share Price Target 2025
- 4 GRSE Share Price and Financial Performance
- 5 GRSE Share Price Target From 2024 to 2030
- 6 How to Purchase GRSE Shares
- 7 GRSE’s Competitors in the Shipbuilding Industry
- 8 Key Factors Influencing GRSE Share Price
Garden Reach Shipbuilders & Engineers Ltd (GRSE) Quick Info.
| Founded | 1884 |
|---|---|
| Industry | Shipbuilding, Defense |
| Headquarters | Kolkata, India |
| Products | Naval Ships, Tankers, Engineering |
| Market Capitalization | ₹ 20,515.12 Cr. |
| Revenue Growth | 45.98% |
| Promoter Holding | 74.5% |
| P/E Ratio | 55.78 |
| Dividend Yield | 0.49% |
GRSE is an important defense company, providing its Indian Navy with top-of-the-line ships as well as vessels. The company also produces a variety of components and parts to support defense. Its history of longstanding and strong government support makes it an important contributor to the capabilities of India’s naval shipbuilding industry.
About GRSE Ltd
As India continues to increase the amount of defense expenditure, businesses such as Garden Reach Shipbuilders & Engineers (GRSE) are likely to profit substantially. The company’s steady growth in its finances as well as the increased need for naval vessels provide an excellent argument to consider the company’s potential for growth. In this piece, we’ll examine the expected GRSE target prices for shares between 2024 and 2030 as well as the major factors behind the projections.
The shares could reach the level of Rs3496 due to expanding orders and increased performance. The government’s support for local manufacturing of defense is likely to be a key factor.
Before we dive into projected future price of shares Let’s review of the most important financial indicators that provide an image of the company’s present growth:
- Market Cap: Rs 20,515.12 Cr.
- No. of shares: 11.46 Cr.
- P/E Ratio: 55.78
- P/B Ratio: 11.65
- Face Value: Rs 10
- Dividend Yield: 0.49%
- Book Value (TTM): Rs 153.70
- Cash Reserves: Rs 4,327.81 Cr.
- Debt: Rs 301.17 Cr.
- EPS (TTM): Rs 32.11
- Sales Growth: 45.98%
- ROE (Return on Equity): 17.08%
- ROCE (Return on Capital Employed): 21.23%
- Profit Growth: 20.37%
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Based on its current growth trajectory and market conditions, here are the projected share price targets for GRSE over the next few years:
| Year | Share Price Target |
|---|---|
| 2024 | ₹2507 |
| 2025 | ₹3496 |
| 2026 | ₹4164 |
| 2027 | ₹5887 |
| 2028 | ₹6748 |
| 2029 | ₹7706 |
| 2030 | ₹8819 |
In 2024, GRSE will likely reach the price target of 2507 rupees. It is expected to profit from a rise in defense contracts as well as government support in its capabilities for shipbuilding.
The value could improve to 3496 rupees, fueled by growing orders and increased performance. Support from the government for indigenous defense production is anticipated to play an important in the future.
The cost of shares will be at Rs4164 with the company reaping the rewards of the increased demands for naval vessels, as well as completed contracts.
The share price for GRSE is projected to rise by 2027 to Rs5887 thanks to the steady increase in shipbuilding as well as its continuing expansion into international markets for its defense equipment.
The shares are expected to rise to Rs6748 as the company makes the most of its experience in the field of engineering and defense manufacturing and expands its presence in the international market.
The 2029 forecast for GRSE will increase to Rs.7706 thanks to a steady performance on naval vessel construction and the rise of budgetary expenditures for modernizing defense.
The value of its shares is expected to increase to Rs8819. This is a reflection of the long-term expansion driven by more defense contracts, strong implementation of projects, as well as market growth.
You can purchase GRSE shares through leading stock trading platforms such as:
- Zerodha
- Upstox
- Groww
- Angel One
These platforms offer easy access to the Indian stock market, allowing you to invest in GRSE based on your financial strategy.
GRSE’s Competitors in the Shipbuilding Industry
GRSE has competition from different shipbuilding companies from India that include:
- Mazagon Dock Shipbuilders
- Cochin Shipyard
- Knowledge Marine & Engineering Works Ltd.
- VMS Industries
- Laxmipati Engineering
In spite of concurrence, GRSE has a strong standing due to its government contracts as well as its expertise in defense-related shipbuilding.
The Indian government’s dedication to the modernization of the defense sector is one of the key reasons for the growth of GRSE. The improvement in defense expenditures and efforts for promoting manufacturing locally can boost revenues for the firm.
- Project Execution and Timeliness:
The ability of GRSE to ship delivery punctually while maintaining top quality can impact its profit as well as investor trust. A well-executed project can result in better financial results which will drive the price of shares up.
- Global Market Expansion:
GRSE can increase its reach in the international market. In securing contracts from different nations to build naval and defense shipbuilding, the company could boost its revenue streams.
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Conclusion:
Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a reliable company with a bright future. Its strong financials, growing demand for defense vessels, and government backing make it a solid investment option for the long term. With a projected share price target of ₹8819 by 2030, GRSE offers significant growth potential for investors seeking exposure to India’s defense industry.
FAQs:
The target share price for GRSE in 2025 is ₹3496.
2. Is GRSE a good long-term investment?
Yes, GRSE’s strong financials and strategic positioning in the defense sector make it a promising long-term investment.
You can purchase GRSE shares through stock trading platforms like Zerodha, Upstox, Groww, and Angel One.
